Valory

Valory develops open-source frameworks for co-owned decentralized autonomous artificial intelligence, providing tools for developing, registering, running, and securing autonomous agents. The company's mission is to enable communities, organizations, and countries to co-own AI systems, beginning with decentralized autonomous agents incentivized by the Olas network. Valory's product suite includes Pearl, described as an agent app store, a desktop application enabling anyone to own AI agents for use cases ranging from social influencers to DeFAI; Mech Marketplace, the first decentralized marketplace for AI agents where users can hire or offer agent services to earn crypto; and the Olas Stack, the technical foundation consisting of open-source software and protocols. The company conducts extensive research in peer-to-peer autonomous agent communication, trading agent competitions, autonomous economic agents as blockchain second-layer technology, distributed verifiable random functions, and robust multi-signature schemes for consensus. Founded in 2021 and headquartered in Zug, Switzerland, the company has raised approximately $4M in seed funding. Valory differentiates itself as the pioneer of co-owned AI agent economies, combining decentralized autonomous agent frameworks with blockchain incentive mechanisms.